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Glasses Frame Market Expected to Reach $26,419.3 Million by 2033–Allied Market Research

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Consumers are attracted to innovative frame designs and materials, such as hypoallergenic and lightweight alternatives. The augmented reality (AR) and smart glasses markets are expanding as well.

WILMINGTON, Del., July 22, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Glasses Frame Market by Shape (Rectangle, Round, Cat Eye, Square, Aviator, Hexagon, Wayfarer, and Others) and By Country (France, Italy, UK, Japan, United States, and South Korea): Global Opportunity Analysis and Industry Forecast, 2024-2035″. According to the report, the global glasses frame market was valued at $14,026.9 million in 2023, and is projected to reach $26,419.3 million by 2033, registering a CAGR of 6.8% from 2024 to 2033.

 Download Sample Pages of Research Overview:
https://www.alliedmarketresearch.com/request-sample/A14400

Prime determinants of growth  

The growing prevalence of vision issues and growing awareness of eye health are factors driving up demand for corrective eyewear. Comfort and style are improved by technological developments in frame materials and innovative design, attracting a larger customer base. The growing trend for fashionable and designer frames is also fueled by the influence of celebrity sponsorships and an increasingly fashion-conscious populace. Increased consumer access to a wider range of options is another benefit of the growth of e-commerce platforms, which increases sales. Furthermore, since older persons frequently use prescription eyewear, the aging of the global population particularly in industrialized regions further promotes market expansion.

Report coverage & details:

Report Coverage

Details

Forecast Period

2024–2033

Base Year

2023

Market Size in 2023

$14,026.9 million

Market Size in 2033

$26,419.3 million

CAGR

6.8 %

No. of Pages in Report

280

Segments Covered

Shape and Country

Drivers 

 Rise in the aging population Increase in screen time and digital device usage Increased spending on luxury eyewear

Opportunities

 Advances in 3D printing technology for frame manufacturing Growth in demand for eco-friendly and sustainable frames

Restraints

 Increase in prevalence of counterfeit products Limited distribution networks in rural areas

Procure Complete Report (280 Pages PDF with Insights, Charts, Tables, and Figures): 
https://tinyurl.com/5hfkhynt

The rectangle segment to maintain its leadership status throughout the forecast period.

By shape, the rectangle segment held the highest market share in 2023, accounting for nearly two-fifths of the glasses frame market share and is estimated to maintain its leadership status throughout the forecast period. Many iconic eyewear brands, such as Ray-Ban and Persol, have rectangle frame styles that have become part of their brand heritage and identity, appealing to consumers who desire these classic designs. The wayfarer segment showcases the fastest CAGR of 7.9% during the forecast period. The demand for wayfarer frames has rapidly increased in the global glasses frame market due to their enduring style and versatile design.

United States to maintain its dominance by 2033

Based on the country, the United States held the highest market share in terms of revenue in 2023 and is likely to dominate the market during the forecast period. Consumers in the U.S. prioritize style along with functionality, opting for frames that offer comfort and durability. However, Japan is expected to witness the fastest CAGR of 8.7% from 2024-2033. The glasses frame industry in Japan is expected to thrive, driven by craftsmanship, technological advancement, and a deep-rooted culture of excellence in design and manufacturing.

Want to Access the Statistical Data and Graphs, Key Players’ Strategies:   
https://www.alliedmarketresearch.com/purchase-enquiry/A14400

Leading Market Players: –

Charmant GroupDe Rigo Vision S.P.A.EssilorLuxotticaFielmann Group AGMarchon Eyewear, Inc.Mondottica LimitedSafilo Group S.P.ASilhouette International Schmied AGTory Burch LLC.Warby Parker

The report provides a detailed analysis of these key players in the glasses frame market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Similar Reports We Have on Consumer Goods Industry:

Glassware Market Opportunity Analysis and Industry Forecast, 2024-2035Online Grocery Market Opportunity Analysis and Industry Forecast, 2023-2032Online Clothing Rental Market Opportunity Analysis and Industry Forecast, 2023-2032FMCG Market Opportunity Analysis and Industry Forecast, 2022-2031Airport Retailing Market Opportunity Analysis and Industry Forecast, 2021-2027Beverage Dispenser Market Opportunity Analysis and Industry Forecast, 2021-2031Coffee Pod Market Opportunity Analysis and Industry Forecast, 2023-2032

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Technology

A new product line to accelerate the automation of companies

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RIVIÈRE-DU-LOUP, QC, Sept. 27, 2024 /CNW/ – Automation has become critical for businesses to drive growth and performance. Companies need to accelerate their automation initiatives through more autonomous and intuitive solutions that can quickly deliver the benefits of robotics to enhance their efficiency and competitiveness.  

Driven by its commitment to innovation and supporting manufacturing companies in strengthening their operational efficiency, Premier Tech is introducing the future of automation thanks to its new product line TOMA™ – which aims to accelerate packaging automation projects through a comprehensive and intuitive do-it-yourself experience – hence delivering automation made friendustrial™.

The first product under the TOMA™ brand – and its underlying mindset – is a palletizing solution featuring the most advanced interface on the market, bringing together industrial robustness and user-friendliness with collaborative robotics. Thanks to its seamless integration requiring no coding, no engineering and no programming, both small and large manufacturers can access the benefits of automation, setting a new standard for efficiency and ease of use.

“Today, we are launching more than a product line. We are launching a totally new approach to automation — we are launching the ‘Automation made friendustrial™’ mindset. Our teams at Premier Tech Systems and Automation have successfully merged industrial-level efficiency with ease of operation. This was achieved by leveraging the cobot technology from Fanuc, the worldwide leader in robotics,” says Jean Bélanger, president and chief executive officer of Premier Tech.

This launch is backed by more than 35 years of experience in automation and palletization, combined with new technologies in cobotics and the strong commitment of Premier Tech in ensuring that advanced technologies are made available to a wide range of manufacturers.

TOMA™ comes with a new innovative business model harnessing the power of an online, seamless and intuitive do-it-yourself configuration. It will enable companies to look at their packaging operations from a new perspective and implement automation projects where the financial feasibility was yet under pressure.

“TOMA™ cobots allowed us to enhance the work ergonomics of our teams, meet their needs — especially for night shifts —, and increase our productivity. This new solution is robust, intuitive and easy to program. With its agility and reliability, we can use it in various workspaces according to our needs,” says Pascal Gagné, operations manager at Groupe TAQ and launch partner.

For more information on TOMA™ and see how your company can leverage this solution, visit www.tomarobots.com

About Premier Tech

At Premier Tech, we are all about making a difference by connecting People and Technologies for over 100 years. One team driven by a shared will to deliver sustainable solutions that help feed, protect and improve our world.

Premier Tech has a wide range of products, services, brands and technologies allowing to increase crop yields, bring beautiful gardens to life, automate the handling and packaging operations of many manufacturing facilities, treat and recycle water, support companies in their digital transformation and offer bio-ingredients for the well-being of humans and animals.

Premier Tech today records sales of more than one billion dollars and is growing internationally, driven by its 5  200 team members in 28 countries. This is our time as we move Beyond 100.

For more information about Premier Tech, visit www.premiertech.com

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SOURCE Premier Tech ltée

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Technology

InventHelp Inventor Develops Improved Wearable Blanket to Increase Warmth (TLS-4013)

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PITTSBURGH, Sept. 27, 2024 /PRNewswire/ — “I wanted to create a more comfortable and convenient blanket to provide warmth at home while relaxing or doing various chores without restricting your movement or use of hands,” said an inventor, from Batesville, Miss., “so I invented the HEAT WRAP. My design would offer an improved alternative to using portable heaters, conventional heated blankets, and heating pads.”

The patent-pending invention provides an improved design for a wearable blanket. In doing so, it would surround the wearer in cozy warmth. As a result, it increases comfort and relaxation. It also allows the user to stay productive at home and on the go. The invention features a versatile design that is easy to use so it is ideal for the general population, especially the elderly and those living in cold weather areas.

The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-TLS-4013, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

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Technology

Raken Expands Construction Equipment Management Solution With Enhanced Tracking, Reporting, and Maintenance

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SAN DIEGO, Sept. 27, 2024 /PRNewswire/ — Raken, the top-rated field management app for the construction industry, has expanded its equipment management capabilities to better help customers leverage their valuable assets.

The California-based software developer recently introduced new and enhanced workflows for detailed equipment tracking, automated reporting, and proactive maintenance. Combined with the app’s daily reports, time tracking, safety and quality management tools, and document management, this update to their equipment management features further establishes Raken as the all-in-one solution for improving field productivity and visibility.

Built with purpose

Raken developed its new, improved equipment management tools to meet one of the industry’s most vital needs. Equipment is a significant cost for most construction companies, who spend hundreds of thousands to millions of dollars buying, renting, and maintaining equipment every year.

“Knowing where equipment is, who is using it, and what condition it’s in is critical in construction,” said Mike Bates, VP of Corporate Strategy. “Raken makes it easy to capture and analyze key data points so you can protect and maximize your investment.”

Track, maintain, and report on owned and rented equipment

Contractors can improve equipment utilization and maintenance with Raken, helping to keep their projects on schedule and under budget.

Benefits for the field and office include:

Easily add new or update equipmentSee where each piece of equipment is located and its conditionTrack details such as deployment history, hours, mileage, and fuel consumptionReport on critical metrics to help reduce idle time, manage costs, improve operator productivity and moreMonitor deficiencies, maintenance schedules, and return dates

Raken’s equipment management tools include an automated dashboard for analyzing utilization trends, productivity, fuel consumption and Co2 emissions. Users can also run snapshot reports organizing equipment by custom criteria and view detailed deployment and usage summaries.

The app also allows users to enable automatic email notifications for scheduled repairs, returns, and maintenance, plus quickly track deficiencies by operator to provide targeted training or guidance.

“Raken now provides an even clearer view of all your assets across your company and projects, so you can maximize usage, better manage your budgets, and extend the lifespan of your equipment,” said Mike Bates.

Launching soon

Raken will continue to grow equipment management capabilities based on industry trends and customer feedback. Additional tools for tracking and reporting on small equipment units and status are currently in development, and will be released in the coming months.

About Raken

Raken is an all-in-one field management solution for the construction industry that uses mobile technology to streamline field workflows and build better projects. Designed for ease-of-use, our software empowers crews to quickly and easily share real-time data and updates from the jobsite. Raken helps customers increase project visibility and compliance with digital daily reports, time and production tracking, comprehensive safety tools, document management, and more. To learn more, visit www.rakenapp.com.

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SOURCE Raken

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